Indian Sorbitol Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
The sorbitol market in India reached a volume of 165 Kilotons in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Sorbitol, also known as glucitol, is a sugar alcohol which is found in several fresh fruits and berries. It can also be produced industrially by the hydrogenation of glucose. It is lower in calories than sucrose; has exceptional stabilising and texturizing properties; and does not contribute to tooth decay. Owing to these properties, it is extensively used in a wide variety of food products, including sugar-free candies, chewing gums, and foods such as frozen desserts and baked goods. Apart from this, it also finds applications in the pharmaceutical and cosmetic industries.
In the pharmaceutical sector, sorbitol is used as a preliminary material for ascorbic acid tablets, and in cough syrups for its sweetening properties. It is also used as a laxative since it helps in stimulating bowel movements. Some of its other applications are in the toothpaste, food and confectioneries, and industrial surfactant sectors. Diverse applications of sorbitol represent one of the primary factors that has added to its overall demand. Increase in the cases of diabetes in India remains another force catalysing the market growth. Other growth inducing factors are rising population, elevating incomes and increasing health consciousness in the country.
The report has segmented the Indian sorbitol market on the basis of type, covering crystal sorbitol and liquid sorbitol. Currently, liquid sorbitol accounts for the majority of the consumption in the region. The report has also analysed the market on the basis of states and found that Madhya Pradesh represents the largest producer of sorbitol in India. The report has further analysed the competitive landscape of the market, providing the profiles of the key players.
This report provides a deep insight into the Indian sorbitol market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a sorbitol manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian sorbitol industry in any manner.
What we have achieved in this report:
Comprehensive situation analysis of the Indian sorbitol market and its dynamics
Focus of the analysis:
Historical, current and future trends in production capacity
Historical, current and future trends in production
Historical, current and future trends in demand
Historical, current and future trends in prices
Impact of COVID-19
Demand by application sector
Production by region
Consumption by region
Production by type of feedstock (corn, wheat, cassava, etc.)
Key players and their production capacities
Sorbitol substitutes
Evaluation of various sorbitol feedstocks and their manufacturing process
Focus of the analysis:
Characteristics of various feedstocks used in sorbitol production
Yield of sorbitol and byproducts from various feedstocks
Manufacturing process of sorbitol
Interchanging feedstocks
Evaluation of major sorbitol manufacturers
Manufacturers covered: Kasyap Sweeteners, Gulshan Polyols, Gayatri Bio-organics and Sukhjit Starch and Chemicals
Focus of the analysis:
Company description
Sorbitol production capacity
Plant locations
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Indian Sorbitol Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Production Capacity
- 5.2.2 Production
- 5.2.3 Consumption
- 5.2.4 Global Trade Data
- 5.2.5 India Trade Data
- 5.2.6 Price Analysis
- 5.2.6.1 Key Price Indicators
- 5.2.6.2 Price Structure
- 5.2.6.3 Price Trends
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by State
- 5.4.1 Production Breakup by State
- 5.4.2 Consumption Breakup by State
- 5.5 Market Breakup by Application
- 5.5.1 Pharmaceuticals
- 5.5.1.1 Market Trends
- 5.5.1.2 Market Forecast
- 5.5.2 Cosmetics and Toiletries
- 5.5.2.1 Market Trends
- 5.5.2.2 Market Forecast
- 5.5.3 Toothpaste
- 5.5.3.1 Market Trends
- 5.5.3.2 Market Forecast
- 5.5.4 Food and Confectioneries
- 5.5.4.1 Market Trends
- 5.5.4.2 Market Forecast
- 5.5.5 Industrial Surfactants
- 5.5.5.1 Market Trends
- 5.5.5.2 Market Forecast
- 5.5.6 Others
- 5.5.6.1 Market Trends
- 5.5.6.2 Market Forecast
- 5.6 Market Breakup by Feedstock
- 5.6.1 Corn
- 5.6.1.1 Market Trends
- 5.6.1.2 Market Forecast
- 5.6.2 Others
- 5.6.2.1 Market Trends
- 5.6.2.2 Market Forecast
- 5.7 Market Breakup by Type
- 5.7.1 Liquid Sorbitol
- 5.7.1.1 Market Trends
- 5.7.1.2 Market Forecast
- 5.7.2 Crystal Sorbitol
- 5.7.2.1 Market Trends
- 5.7.2.2 Market Forecast
- 5.8 Market Breakup by Distribution Channel
- 5.8.1 Distributors
- 5.8.1.1 Market Trends
- 5.8.1.2 Market Forecast
- 5.8.2 Manufacturers
- 5.8.2.1 Market Trends
- 5.8.2.2 Market Forecast
- 5.9 Sorbitol Substitutes
- 5.10 Market Forecast
- 5.10.1 Production Capacity
- 5.10.2 Production
- 5.10.3 Consumption
- 5.10.4 Price Trends
- 5.11 Tax Structure for Sorbitol Industry in India
- 6 Indian Sorbitol Market: Value Chain
- 7 Indian Sorbitol Market: Margin Analysis
- 7.1 Farmers Margins
- 7.2 Collectors Margins
- 7.3 Starch Manufacturer Margins
- 7.4 Sorbitol Manufacturer Margins
- 7.5 Distributor Margins
- 7.6 Exporters Margins
- 8 Indian Sorbitol Market: SWOT Analysis
- 8.1 Overview
- 8.2 Strengths
- 8.3 Weaknesses
- 8.4 Opportunities
- 8.5 Threats
- 9 Indian Sorbitol Market: Porter’s Five Forces Analysis
- 9.1 Overview
- 9.2 Bargaining Power of Buyers
- 9.3 Bargaining Power of Suppliers
- 9.4 Degree of Rivalry
- 9.5 Threat of New Entrants
- 9.6 Threat of Substitutes
- 10 Competitive Landscape
- 10.1 Competitive Structure
- 10.2 Market Breakup by Key Players
- 11 Indian Native Starch Industry
- 11.1 Market Overview
- 11.2 Market Performance
- 11.2.1 Production Capacity
- 11.2.2 Production
- 11.2.3 Consumption
- 11.2.4 Imports/Exports
- 11.2.5 Price Trends
- 11.3 Market by Region
- 11.4 Market by Application
- 11.5 Market by Feedstock
- 11.6 Market Share of Key Players
- 11.7 Market Forecast
- 11.7.1 Production Capacity
- 11.7.2 Production
- 11.7.3 Consumption
- 11.7.4 Price Trends
- 11.8 Tax Structure for Starch Industry in India
- 12 Indian Sorbitol Market: Feedstock and Manufacturing Analysis
- 12.1 Corn
- 12.1.1 Production Trends
- 12.1.2 Sorbitol Manufacturing from Corn
- 12.1.2.1 Manufacturing Process
- 12.1.2.2 Process Flow
- 12.1.2.3 Mass Balance and Feedstock Requirements
- 12.1.2.4 Land and Construction Requirements
- 12.1.2.5 Machinery Requirements
- 12.1.2.6 Machinery Suppliers
- 12.1.2.7 Utility Requirements
- 12.1.2.8 Manpower Requirements
- 12.1.2.9 Capital Costs
- 12.1.2.10 Raw Material Costs
- 12.1.2.11 Final Product and By-Product Prices
- 12.1.2.12 Total Cost per Ton
- 12.2 Wheat
- 12.2.1 Production Trends
- 12.2.2 Sorbitol Manufacturing from Wheat
- 12.2.2.1 Manufacturing Process
- 12.2.2.2 Process Flow
- 12.2.2.3 Mass Balance and Feedstock Requirements
- 12.2.2.4 Land and Construction Requirements
- 12.2.2.5 Machinery Requirements
- 12.2.2.6 Machinery Suppliers
- 12.2.2.7 Utility Requirements
- 12.2.2.8 Manpower Requirements
- 12.2.2.9 Capital Costs
- 12.2.2.10 Raw Material Costs
- 12.2.2.11 Final Product and By-Product Prices
- 12.2.2.12 Total Cost per Ton
- 12.3 Cassava
- 12.3.1 Production Trends
- 12.3.2 Sorbitol Manufacturing from Cassava
- 12.3.2.1 Manufacturing Process
- 12.3.2.2 Process Flow
- 12.3.2.3 Mass Balance and Feedstock Requirements
- 12.3.2.4 Land and Construction Requirements
- 12.3.2.5 Machinery Requirements
- 12.3.2.6 Machinery Suppliers
- 12.3.2.7 Utility Requirements
- 12.3.2.8 Manpower Requirements
- 12.3.2.9 Capital Costs
- 12.3.2.10 Raw Material Costs
- 12.3.2.11 Final Product and By-Product Prices
- 12.3.2.12 Total Cost per Ton
- 12.4 Corn Starch
- 12.4.1 Sorbitol Manufacturing from Corn Starch
- 12.4.1.1 Manufacturing Process
- 12.4.1.2 Process Flow
- 12.4.1.3 Mass Balance and Feedstock Requirements
- 12.4.1.4 Specifications of Corn Starch and Sorbitol
- 12.4.1.5 Land and Construction Requirements
- 12.4.1.6 Machinery Requirements
- 12.4.1.7 Machinery Suppliers
- 12.4.1.8 Major Distributors
- 12.4.1.9 Utility Requirements
- 12.4.1.10 Manpower Requirements
- 12.4.1.11 Capital Costs
- 12.4.1.12 Raw Material Costs
- 12.4.1.13 Final Product Prices
- 12.4.1.14 Total Cost per Ton
- 13 Key Player Profiles
- 13.1 Kasyap Sweetners
- 13.2 Gulshan Polyols
- 13.3 Gayatri Bio-organics
- 13.4 Sukhjit Starch & Chemicals Ltd.
- 13.5 Gujarat Ambuja Exports Limited
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